Delivery Buy WELENT cmp 328. Target 345, 352, 371 13% Upside Potential Weekly breakout, high potential movement. Technically bullish
WELNET has been exhibiting a sustained bullish momentum for an extended period, characterized by a consistent formation of higher highs. After a recent consolidation phase, the script has demonstrated a notable breakout today, accompanied by a substantial surge in trading volume. Key Technical Points: Higher High Pattern: The script has consistently formed...
Entry CMP or choice Stop loss 3% Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring...
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose
In the Weekly Chart of WELENT , we can see that, after the breakout of Inverted H&S Pattern. It has retested and we can see recovery in W pattern.
Welspun enterprises has given cup and handle breakout, will face resistance at 144-145 which apparently is its 52 week high
Breakout candidate, head & shoulder a long time and finally at the verge of break out & the target price is around the depth of the head on the chart.
Welspun India is about to boom!! - The MACD line is above the Signal line - RSI is about to cross 60 - Supertread is in green - 5 DMA is cutting 26 DMA Most Indictors are showing good strength **Disclaimer: Do Your Own Research** **Our content is intended to be used and must be used for information and education purposes only. It is very important to do your...
Welspun Enterprises kissed the major support line yesterday and had a good bounce. Expect some short term bounce for next 1-2 weeks for 10-15% gains, as there's momentum. For next few months it's going to consolidate side ways in range 93-134 before big breakout or breakdown.
INVERSE HEAD AND SHOULDER PATTERN . NECKLINE BROKEN , READY TO BLAST . 132-135 FST TGT . 187-190 TGT 2
Inverted head and shoulder is formed. Company has partnered with adani. A very low PE company. Good oder book. Can trade with stop loss of 117 in weekly chart.
technical- very bullish candle with very heavy volume on weekly frame welspun has entered into oil exploration field in partnership with adani.
Welent CMP – 75.85 Looking bullish and one can go long on this stock for Intraday / Swing trade setup with the following entry, exit & stop loss. Buy range 76 - 76.50 / Stop Loss 74 Target 1 - 79 Target 2 - 82 Target 3 – 85 Note: This is my view and for educational purpose only
Welspun broke out of consolidation with huge volume, the price may test previous highs & likely to move ahead. The pattern would fail on close below 140. Dips towards 160-155 should be used to get in the stock.
Superb Chart perfect 6 year breakout & successfully test the breakout zone buy CMP 118 or any Dip Comes & hold for Target 200++++++++++